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Master Premiere League

News-master of the Month
September

BY- TEAM- 1
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AGRICULTURE
INDUSTRY

By-Vineet Kumar
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GLOBAL TEA PRODUCTION TO SEE A
DECLINE IN 2017

Description Analysis
This is primarily due to crop Soaring global demand
losses in Kenya, which supply shortage
accounts for around 16% of
Continuation of upward
global black tea
price trajectory
production
The Sri Lankan crop levels,
which contribute around
10% of global tea
productions are also low
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GOVERNMENT ALLOWS EXPORT OF TUR,
MOONG AND URAD AFTER A DECADE

Description Analysis
India had banned export of Income growth of Farmers
pulses in 2006, which was
Expand sowing area
extended from time to time
Correct price distortion
Traders had been
demanding opening up of Attract investors
exports for about a year
now
TOP COTTON BUYERS FLOCK TO INDIA 5
AS HURRICANES HIT US CROP

Description Analysis
Fierce storms in the United Bumper harvest keep the
States, the biggest exporter rates lower
of the fibre, affected the
Attractive price encourage
size and quality of the crop
most foreign buyers to turn
India sealed deals to sell to India
about a million bales to
Increases the India's export
China, Taiwan, Vietnam,
Pakistan, Bangladesh and
Indonesia

GOVERNMENT LAUNCHES NEGOTIABLE
WAREHOUSING RECEIPTS IN E-FORMAT
Description
A warehouse receipt is a
document that provides proof of
ownership of commodities that
are stored in a warehouse
It is a silent revolution is underway
in Indian agriculture in the form
of warehouse receipt finance
More and more farmers are using
warehousing receipts as a tool to
meet their working capital and
consumption needs after the
harvest season
As against traditional loans by
banks, loans against WR are
quick.
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Analysis
Electronic warehouse receipts
are simply computer records of
all of the information which is
required to appear on a paper
warehouse receipt
Users can instantly sort the entire
history of electronic warehouse
receipts and import information
into accounting software and
third-party applications such as
Microsoft Excel.
This will also stop farmers from
taking multiple bank loans on a
single receipt
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FOOD INDUSTRY

By- Priyanka Jha

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NO FIRE WORKS FOR FOOD
PRICES THIS FESTIVE SEASON

Description Analysis
Prices of most food items It push countries whole sale
are expected to be stable price inflation.
this festive season due to
It generate price pressure in
ample stocks.
the long run.
Good global supply
situation while sugar prices
are likely to remain firm in
the month ahead.
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INNOVATE FOODS TO OPEN PLANT BY
DEC IN CHITTOOR FOOD PARK

Description Analysis
Cochin- based innovative Drive growth and double
foods, which markets frozen companies turnover
foods under the brand
Brings new partners for their
Sumeru
B2B Segments
It setting up its second
manufacturing facility with
a capacity of 300 tons in
chittoor district of Andhra
Pradesh after Kochi
The facility is expected to
be operational by the end
of the year
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INDIA SEEKS PARTNERSHIP WITH US
FOOD PROCESSING COMPANIES

Description Analysis
India wants to forge Upgrade Indian food
partnership with America's system
food processing sector
Bring Technologies & best
To bring the best practice practices
of the world into its food
Indian companies expand
value chain which
their footprints to newer
processes only 10 percent
markets of foreign countries
of huge raw material base
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TELECOM INDUSTRY

By- Abhishek Singh

RELIANCE JIO WILL 'DISCONTINUE' UNLIMITED
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VOICE CALLING FOR SOME CUSTOMERS

Description Analysis

The telecom giant says Revenue will increase by this course

it has all rights to of action
discontinue the free
voice call service after
300 minutes if they find Fraudulent will reduce
out that the number is
being used for
commercial use or in a Users will be allowed to make free
fraudulent service voice calls, but with a Cap
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CHINA'S ZTE INCREASING INVESTMENTS IN
INDIA TO CAPTURE 5G OPPORTUNITY

Description
The company is also testing its 5G-ready products with Airtel,
Vodafone and BSNL
Analysis
It will create employment opportunity
5G has Economic Benefit
It will also create an opportunity for mobile manufacturing
company
It will be the major disruption in Telecom
This will lead to help the government make a renewed
push in cashless economy campaign

TELECOM FIRMS UNDER STRESS AND CAN
DEFAULT ON LOANS
Description
Telecom industry is
under debt burden of Rs
4.6 lakh crore
The four major lenders
SBI, HDFC bank, PNB &
Axis Bank have voiced
concerns over Stress in
the telecom sectors
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Analysis
This stress in the sector has reached
highly unsustainable level after the
entry of new players & launch of free
services
TRAI reduced the IUC charges from
14 paise per min. to 6 paise per mint.
and the newer rival has suggested for
zero charges
This decision will lead to a loss of over
5,000 crore annually to the three big
incumbents, & resulting in an annual
saving of the same amount to
Reliance Jio
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STEEL INDUSTRY

By- Prashant Kumar


BANKS TO GAIN, AS STEEL SECTOR
SHOWS SIGNS OF GROWTH
Description
Commercial banks are
hopeful of taking a lower
haircut on resolution of
stressed assets in the sector
The IBC 2016 will curb the
number of long pending
cases substantially
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Analysis
It will help to maintain the
Balance of payment
It will control dumping
Improve the worthiness or
creditability
Economic growth
Proper utilization of limited
resources
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SAIL TO REGAIN ITS POSITION AS
COUNTRY'S LARGEST STEEL PRODUCER

Description
The construction of Blast
Furnace-8 installed in Bhilai
Steel Plant has been
completed
Analysis
Increase export and
decrease import
Provide employment

It will enhance SAILs crude New economic direction

steel capacity to 21.46 MTPA
This will trudge the company
on a stronger growth
trajectory

STEEL MINISTRY FOCUSES ON CONVERTING
THERMAL COAL INTO COKING
Description Analysis
30 % of coal available in
India as identified or
categorized as thermal
coal can be converted into
coking coal
The country would be
saving about Rs 10,000-
12,000 Cr. of foreign
currency
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Attract and encourage
foreign investor
Enhance the strength of
domestic player
Opportunity for investor and
new player
Enhance the credit rating of
the industry
Lower haircut
POLITICAL 19
NEWS NOT CHANGING INDIA, BUT
BUILDING A NEW INDIA

Prime Minister Narendra Modi justified demonetization which has

come in for criticism, asserting that his government was not afraid
of taking big and tough decisions in the interest of the
country
In the national interest, they are not afraid of taking big and
tough decisions because for us, the country is above politics.
Whether it be the surgical strikes, demonetization or GST, all
decisions were taken without any fear or hesitation, Modi told
the gathering
BOOK REVIEW 20

I DO WHAT I DO

Rajans book will include his

commentary and speeches on
various issues
The title of his book is taken from his
famous riposte, My name is
Raghuram Rajan and I do what I do
According to the publishers, Rajan
explains economic concepts in a
readily accessible way
ENTERTAINMENT NEWS 21
NEW KIDS FRANCHISE FATAK PATAK LAUNCHES IN INDIA WITH
ANIMATED TV SERIES, MERCHANDISE

India now has its very own franchise

Fatak Patak, owned by Nihodo
Media, an Indo-Japanese company
Aired on Disney-owned kids channel,
Hungama.
Fatak Patak is a four-part animated TV
Feature series about mysterious
Alienoids with incredible powers from
outer space competing in the Alienoid
Wrestling League
The main protagonists, Sher Singh and
his Alienoid Gabru will be seen in
pursuit of the championship and their
adventures along the way in the Fatak
Patak Word
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PV SINDHU NOMINATED FOR PADMA
BHUSHAN AWARD BY SPORTS MINISTRY

Sindhu is the second Indian

athlete after MS Dhoni to have
been nominated for the
honour

The 22-year-old recently won

the Korea Open Super Series
title

She was awarded India's

fourth highest civilian honour,
the Padma Shri in March 2015
START UP 23
WARENOW SERVICES PVT LTD

Delhi-based Ware offers flexible, affordable, tailor-made, and

on- demand warehouse solutions to connect businesses to
available warehousing space across the country
It aims to systematize the highly unorganized warehousing
sector in the Indian market
Ware has built a marketplace of over 800 warehouses in
different regions across India to connect companies which
need additional warehouse capacity
Ware is co-founded by Aditya Goel and Rahul Raj, both IIT- BHU
graduates
http://warenow.com/
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